Cash Flow Articles

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    Understanding Customer Payment Options

    by on November 19, 2014

    When you run a small business, you need to put some thought into how you will allow your customers to pay. Many business owners have a preference for one or two types of payment and shun the others. But according to the 2013 Federal Reserve Payments Study [PDF…

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    How to Create a Credit Policy for Your Business

    by on November 18, 2014

    Are you looking for ways to increase your sales? One method small-business owners don’t always think of is offering extended credit to your customers. There have been multiple studies showing that people spend more when they can pay with credit. One such&…

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    Why ROI Is the King of Wealth Concepts

    by on November 10, 2014

    There may be a reason why “ROI” is both the French word for king and a very important financial acronym that stands for Return On Investment. Understanding ROI in your small business can make the difference between failure and success as a business owner. …

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    Five Ways to Speed Up Your Cash Flow

    by on November 6, 2014

    When entrepreneurs need cash fast, they typically think of two things: getting or increasing their bank loans, or making a contribution to equity with their personal savings. Before you do one of those two things, here are five ideas to consider that will help…

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    5 Ways to Improve Damaged Business Credit

    by on October 16, 2014

    You may not be aware of it, but your business has its own credit score, one that’s distinct from your personal credit score. If you need to apply for a business loan or line of credit, bad business credit scores can lead to higher interest rates, increasing th…

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    In the Trenches: Collecting Our Revenue on Time

    by on October 15, 2014

    Collecting revenue hasn’t historically been a problem for us at Cranky Concierge. After all, our original service offerings were all prepaid. But as we’ve expanded into new areas, we’ve found ourselves with some new challenges in that regard.

    Our small-busi…

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    Big Business Intelligence Hacked: Using Your Numbers for Success

    by on October 13, 2014

    If you’ve been around any big businesses in the past several years, you’ve most likely heard the term “Business Intelligence.” But what does it really mean?

    Big business consultants can talk for hours about business intelligence, but in the end, you…

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    How Supplier Financing Works

    by on October 13, 2014

    Alternative financing is a hot topic these days because of the tight squeeze banks have put on small-business funding. Many business owners have had no choice but to look for financing elsewhere. And one option that many people don’t consider is supplier fin…

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